Rewarding Key Employees – What Are Your Options?

Share Options

Written by Tax Partner, Michaela Lamb Granting Share Options to employees is a great way to incentivise and retain key people in a business and provides a practical alternative to making an outright award of shares. Doing this is not a new concept, and these schemes have been around for years.   But with the […]

Rachel Reeves’ tax updates for non-doms: What you need to know

Non-domicile

As expected, the new Chancellor, Rachel Reeves, has now released further details of the changes to the taxation of ‘non-doms’ that will go ahead under the Labour Government.  This will see the scrapping of the concept of domicile with a shift towards a residency based system. Many of the proposals made by her predecessor in […]

London Tech Week 2024: Tax tips for scaling your tech company

On 11 June 2024 Gravita ran a workshop as part of London Tech Week, aimed at helping ambitious UK tech companies set up the most beneficial financial and tax structures for growth.    The session was led by Caroline Plumb, Gravita CEO, alongside Kate Greenhough, Gravita Tax Partner, and Ben Chernoff, Gravita Accounts Partner. Kate […]

Top five tips to reduce Inheritance Tax on your estate

Reduce inheritance tax on your estate

With increased property values and frozen Inheritance Tax exemptions, Inheritance Tax is becoming more of an issue for many. We can help with bespoke planning to minimise the potential liability and maximise the available reliefs and exemptions.   When reviewing your estate’s exposure to Inheritance Tax, there is no one-size fits all approach to reducing […]

Unpacking the 2024 Election Manifestos: What Tax Changes Could Mean for You

With the 2024 election drawing near, understanding the potential tax implications of each party’s manifesto is crucial. Gravita’s comprehensive report below delves into the fiscal forecasts and tax plans outlined by the main political contenders, providing you with essential insights to make informed decisions. Key Highlights from the Report Conservative Party: Abolition of Non-Dom Status: […]

Company tax computations: The tax issues

Tax computations

We invite you to join us and our tax consultant, Tim Palmer, when Tim will be reviewing the areas within a corporation tax computation that regularly cause problems, and give practical advice, and the appropriate solutions. This free 1 hour webinar will take place on Wednesday 26 June 2024 via Zoom and will commence at 9am. During this session, Tim will […]

Charity Tax Issues

Charity tax issues

Most charities will have to complete corporation tax returns if notified to do so by HMRC or where they have non charitable trading profits that are liable to corporation tax.   Charities where all income and expenditure have been incurred for charitable purposes will not be liable to corporation tax but may still need to […]